The Role of Remittances for Economic Development in Asia and the Pacific Economies
There has been little empirical study of the relationship between remittance inflows and economic growth, especially with a focus in Asia and the Pacific (APAC) region. In this paper, this relationship for 23 APAC economies is examined. A panel data set of remittances and financial development indices for the period 1990 – 2017 is set up to explore the impact of financial development on remittance